Metamask Enters Stablecoin Arena With mUSD

Stablecoin is a growing segment in crypto market and now we are going to have another player entering the market and it's Metamask. There are many players in the market who are providing this table coins but now this is the first time when decent lies protocol is going to enter in this segment which is great but properly something that will start a new trend.

Link

It is very clear that the demand fore stable coins will rise significantly in next 2 years and to accommodate that demand it is highly important to have more players in the market so that things go well. We have already seen that a new coin was recently launched by ripple company and that coin is called RLUSD and it is time to grab more attention in the market.

Metamask has become the first major self-custodial wallet to launch its own native stablecoin, called Metamask USD (mUSD), in partnership with Bridge, a Stripe company, and decentralized infrastructure platform M0.

While if we talk about the overall market the usdt is the leader followed by usdc and now with another addition problem it will have even better impact in the market because no matter how many coins we have the kind of demand VR expecting in next 2 years will you need more players providing the stable coin solution.

I also expect that now this stable coin segment will be diversified and what I am trying to say that they will be many stable coins on different baking through the Fiat currencies which can be found Euro Assam other currencies and not just primarily on the US dollar. Maybe appoint will be there which will be back by Indian currency which is inr so the majority of stable coins that are currently back to US dollars will not be the same because a divorce portfolio for the stablecoins are much important and should be there.

Thank you so much for stopping by and if you like my content, please vote and share your thoughts in the comments section.

10% beneficiary to Tron-fan-club